The world could find itself drowning in oil this year and prices could fall further as new Iranian output cancels out production cuts elsewhere, according to the International Energy Agency. [The Guardian] Today Member States agreed on a Commission proposal to invest €217 million in key trans-European energy infrastructure projects, mainly in Central and South… Keep reading →
Not too long ago, making and selling your own electricity via rooftop solar was a novelty. Today, with 784,000 homes and businesses in the United States already on solar, such transactions are taking place every day in 44 states. Now comes Bring Your Own Battery (BYOB), the latest technology trend to disrupt the utility business… Keep reading →
The electric utility industry is experiencing significant changes affecting virtually every part of the traditional utility business model, including the regulatory and ratemaking aspects. As utilities grapple with these issues, four key regulatory practices that utilities are seeking have emerged. According to Black & Veatch’s 2015 Strategic Directions: U.S. Electric Industry report, the top rate… Keep reading →
Innovation and new technology are highly valued among wastewater utilities, and these tools can be implemented if performance can be demonstrated through pilots or other testing. But several factors are holding back utilities from fully embracing these advancements – available capital, lack of technical understanding and a perceived apathy at the upper levels of the… Keep reading →
The U.S.-Indonesia Comprehensive Partnership, the United States and Indonesia will partner to promote clean energy technologies and policies to help meet Indonesia’s growing energy demands. [White House Press Release] The United States has installed 40.7 megawatts of energy storage projects in homes, businesses and utilities in the second quarter of this year, nine times more than… Keep reading →
The world faces a looming “cold crunch”, with demand for air conditioning and refrigeration growing so fast that it threatens to smash pledges and targets for global warming. [The Guardian] Duke Energy said it would buy natural gas distributor Piedmont Natural Gas, its partner in the $5 billion Atlantic Coast Pipeline, for $4.9 billion. [USA Today] Energy… Keep reading →
24M and NEC Also Collaborating on Next-generation Energy Storage Systems Using 24M’s Cells CAMBRIDGE and WESTBOROUGH, Mass., October 13, 2015— 24M and NEC Energy Solutions, Inc. today announced the companies have signed a Memorandum of Understanding (MoU) whereby 24M has agreed to supply its semisolid lithium-ion cells for use in NEC Energy Solutions’ integrated storage systems. In addition, the companies… Keep reading →
Software and controls for energy storage systems are expected to be a key driver for the overall market, report finds September 24, 2015 – Boulder, CO – A recent Leaderboard Report from Navigant Research examines the strategy and execution of 12 leading energy storage systems integrators (ESSIs), including vendor profiles, ratings, and rankings, with the… Keep reading →
Home energy storage is entering a new era as advanced lithium-ion chemistries are offering longer life-spans that could soon flood the market. [MIT Technology Review] The default rate among U.S. energy companies has accelerated in recent months to 4.8%, the highest level since 1999 and up from 3.3% in August, according to Fitch Ratings. [WSJ]… Keep reading →
The idea of large scale batteries or battery packs could help out the grid itself by storing large amounts of solar energy for use at night appears to be edging closer to reality with strong corporate backing. [Washington Post] After a nine-month legal battle, Energy Transfer Equity LP is close to winning its takeover for rival pipeline… Keep reading →
